Hitachi may opt out of Nuclear business weighing the loss it has incurred.

Electronics firm Hitachi has announced that the group’s subsidiary in the nuclear fuel business will post a loss of about 590 million dollars for the fiscal year ending in March.

Hitachi and GE jointly created the firm to develop new technologies for uranium enrichment for nuclear power plants.Officials say after reviewing the value of the business, they were unable to forecast growth in the future.

Hitachi entered the business in 2007 expecting an increase in the construction of new nuclear plants.But the accident at Fukushima Daiichi nuclear plant in 2011 has seen the nuclear power industry fall into a slump.

Supreme Court today said that the Aadhaar card cannot be made mandatory by the government for extending the benefits of its welfare schemes to the people. The apex court, however, said the government cannot be stopped from using Aadhaar in other schemes like the opening of bank accounts.

The court said it will set up a seven-judge bench to hear the pleas challenging Aadhaar but right now it is not possible.

The apex court refused to give an early date to hear a petition on making the Aadhaar card mandatory, saying it would hear the case in due course of time.

Last week, Finance Minister Arun Jaitley had said the Aadhaar card may become the only identity card in future, and will be mandatory for filing of Income Tax returns to curb tax evasion and frauds.

Replying to the debate on the Finance Bill in the Lok Sabha, Mr Jaitley said that Aadhaar may become the only card in future replacing all other types of identity cards such as Voter ID and PAN cards.

South Korean media said, the prosecutors have decided to request an arrest warrant for ex-President Park Geun-hye. South Korean prosecutors say they have asked a court to issue an arrest warrant for former President Park Geun-hye to get to the case. For this is the latest development in a corruption scandal that has gripped the country for months and saw Park booted from office.

South Korean media are reporting prosecutors want Park’s arrest over fears she would destroy evidence and given that other suspects have been arrested, they say it would be unfair not to arrest her.Park was questioned by prosecutors last week and is facing a number of charges.

She is suspected of accepting millions of dollars in bribes from conglomerates.

She is also accused of abuse of power and leaking classified information to her long-time friend Choi Soon-sil who is at the center of the scandal.

Highlights from the local media of Afghanistan, Bangladesh, Bhutan, Maldives, Myanmar, Nepal, Pakistan and Sri Lanka

March 27th, 2017| Volume: 3 – 7/3

Bangladesh-India defence coop framework finalisedProthom Alo | 23rdMarchBangladesh and India are to sign a five-year memorandum of understanding (MoU) to formalise defence cooperation between the two countries, officials concerned confirmed. The draft of MoU includes cooperation in the defence industry and joint initiatives for its development, defence technology, research and maritime infrastructure development.

Pakistan-Afghanistan Dialogue Start in IslamabadOutlook Afghanistan/ Xinhua|27thMarchPakistani and Afghan lawmakers, former officials, members of civil society and media will hold a three-day dialogue here from Monday to explore ways to bring ties closer, organizers said on Sunday. Independent think tank the Center for Research and Security Studies in Islamabad and the Kabul-based Women & Peace Studies Organization will hold the talks at a time when tensions have affected bilateral official contacts.

Sri Lanka and India in talks over advanced light helicopterColombo Gazette| 27thMarchAs part of efforts to enhance defence cooperation and boost exports with friendly countries, India is in discussions with Sri Lanka and several Southeast Asian nations for the supply of Dhruv, the indigenously developed advanced light helicopter (ALH). Supplying defence equipment and providing assistance in setting up domestic manufacturing capability have become the new normal in India’s defence cooperation with regional countries.

AFGHANISTAN

Ghani meets Afghan MPs amid rumors of disbanding of parliamentKhaama Press|26th MarchPresident Mohammad Ashraf Ghani met with some of the Afghan lawmakers amid rumors that the President has warned to dissolve the parliament. The Office of the President, ARG Palace, said President Ghani met with the administrative delegation and heads of the parliamentary commissions as part of the routine meetings with the members of the parliament. According to a statement by ARG Palace, President Ghani discussed regarding the security and economic issues with the parliamentary delegation and commission heads. Calling the consultations of the parliament members regarding the issues of the country as vital, President Ghani said the government will continue to seek advises from the lawmakers regarding the state affairs.

ISIS execute 3 civilians on charges of supporting police in North of AfghanistanKhaama Press|26th MarchAt least three civilians have been executed in northern Jawzjan province of Afghanistan by militants affiliated with the offshoot of the Islamic State of Iraq and Syria (ISIS) terrorist group. According to the local officials, the incident took place in the restive Darzab district and the victims were all ordinary civilians. Provincial police chief Abdul Hafiz Khashi confirmed the incident but rejected the allegations against the victims. He said the three civilians had no links or cooperation with any government or security institution as claimed by the ISIS loyalists.

‘Failure in Afghanistan embolden terrorist globally’: US Gen. Nicholson requests more troops to quell Daesh threatAfghanistan Times |27th MarchGeneral John Nicholson, US top commander in Afghanistan has requested for more troops to prevent the country from becoming a safe hideout for the Islamic State (IS), which is also known as Daesh terrorist group. He said that the US and Europe need to send 5,000 more forces to Afghanistan. “We cannot afford to walk away from Afghanistan,” Nicholson told The Sunday Times of London. “This is where the war against terrorism started on 9/11. Failure here would embolden terrorist globally.” Nicholson will ask for additional troops at NATO Summit in May with the backing of US Defense Secretary, James Mattis and National Security Adviser H.R. McMaster, the report said.

BANGLADESH

Dream of a militancy-free Bangladesh on Independence Daybdnews24 | 24th March‘Militancy’ seems to be the number one concern in people’s mind as they observe 46th Independence Day of Bangladesh as they aspire for a militancy-free prosperous Bangladesh. People from all walks of life, who gathered to pay tribute to the Liberation War martyrs at the National Memorial on Sunday, spoke of their hopes and aspiration about the country they want to see. On Sunday, all roads led to the National Memorial at Savar where people pay their respects to those who sacrificed their lives to free the Bengalis from subjugation and gave them a piece of land what they proudly call independent Bangladesh.

India to focus on blue economy during Bangladesh Prime Minister Sheikh Hasina’s visitThe Financial Express | 27th MarchIndia and Bangladesh are expected to unveil a joint roadmap for cooperation in the Bay of Bengal region during Prime Minister Sheikh Hasina’s visit to India next month. This is in keeping with Prime Minister Narendra Modi’s initiative to develop blue economy partnerships with the littoral states of the Indian Ocean Region to harness maritime resources and ensure peace. The two neighbours are likely to sign their first comprehensive defence cooperation agreement during Hasina’s trip, from April 7-­10, which will help maintain peace in the common maritime region in Bay of Bengal amid an increase in terrorism and presence of extraregional powers, people aware of the matter said, reports India’s Economic Times.

Army-led Operation in Sylhet: Two militants killed, raid onThe Daily Star | 27th MarchTwo militants were killed during the army-led operation inside the terror den at Atia Mahal in Sylhet yesterday, as the raid to take on the terrorists holed up there entered its third day, making it one of the longest anti-terror operations. However, the operation codenamed “Operation Twilight” was far from over as more militants were believed to be still inside the five-storey apartment. The Para Commandos are taking time because of the high risk involved as the militants have planted a huge stash of Improvised Explosive Devices (IEDs) in the building, mostly on the ground floor and the staircase, the army said.

BHUTANA new party in the makingKuensel Online| 25th MarchEfforts are being made to form yet another new political party. A former civil servant, Jigme Drukpa, from the Menbi-Tshenkar constituency of Lhuentse is coordinating the efforts. Jigme Drukpa said the party will be called the Druk Kuenphen Tshogpa (DKT). Jigme Dukpa said he will be the party’s interim president. He resigned in January from the civil service. He said he had been a chief administrative officer with the Ministry of Labour and Human Resources.

MALDIVES

Police: Information says plans are being made to disrupt peaceSun Online | 26th MarchMaldives National Defence Force (MNDF) and the Maldives Police Service have said that they have received information that there is a group of people planning to disrupt the peace and create conflict in the country. Speaking at a joint press conference by the Police and MNDF at the Iskandharu Koshi tonight, the Chief Superintendent of Police, Hamdhoon Rasheed said that they would not allow plans to vandalise homes and damage property. Superintendent Hamdhoon said that the Police will work indifferently in the protection of the elected government and the people.

MDP Parliamentary Group issued three-line whip against MaseehSun Online | 26th MarchThe Parliamentary Group of MDP has issued a three-line whip against the Speaker of the Parliament, Abdulla Maseeh in the no-confidence vote against him set for tomorrow.A tweet sent out by the MDP Parliamentary Group member, Abdulla Shaahid, he said that a three-line whip has been issued to attend and vote in favor of the no-confidence motion against the Speaker.

PPM: Maumoon not yet dismissed from the partySun Online | 26th MarchProgressive Party of Maldives (PPM), currently run under the President Abdulla Yameen Abdul Gayoom, has said that the party has not yet dismissed the President of the Party, Maumoon Abdul Gayoom from the party. Speaker of the PPM disciplinary committee under President Yameen, Ali Waheed told Sun Media that Maumoon will lose his membership from a decision from the disciplinary committee and the committee has not yet received such case.

MYANMAR

UN to ‘urgently’ send rights probe to MyanmarMizzima| 25th MarchThe UN rights council agreed Friday to “urgently” launch an investigation into violations against Myanmar’s Rohingya Muslims, including torture, murder and rapes allegedly committed by troops. The Geneva-based body decided to “dispatch urgently an independent international fact-finding mission” to Myanmar, particularly focused in northern Rahkine state, in a resolution adopted by consensus.

Indian envoy Puri presents letter of credence to Prez BhandariThe Kathmandu Post | 26th MarchNewly appointed Ambassador of India to Nepal, Manjeev Singh Puri presented his credentials to the President Bidya Devi Bhandari on Sunday. Envoy Puri, the 24th ambassador of India to Nepal, presented letter of credence to President Bhandari amid a special ceremony held at SheetalNiwas, Kathmandu.

Nepal, India to sign new petro supply agreement next weekThe Kathmandu Post | 26th MarchNepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) are all set to sign a new petroleum supply agreement next week in a bid to smoothen the supply of petrol, diesel and cooking gas from India. A team of officials of the Ministry of Supplies and NOC is heading to Mumbai, India, on Sunday to seal the deal.

PM: Partnership with China can change our economic landscapeThe Kathmandu Post | 27th MarchPrime Minister Pushpa Kamal Dahal has claimed that partnership between Nepal and China in various sectors can change the economic landscape of Nepal. Delivering a speech at the Beijing Foreign Studies University on Sunday, Dahal said China’s One Belt One Road initiative offers tremendous opportunities for collaboration and partnership, according to a statement issued by the PM’s secretariat.

PAKISTAN

Pakistan urges Afghan Taliban to shun violenceExpress Tribune | 27th March 2017Pakistan has urged the Afghan Taliban to scale down violence and join the peace reconciliation process in a recent high-level contact with senior insurgent leaders, sources told The Express Tribune on Sunday. Pakistan’s call came at a time when the Taliban are preparing for their Spring Offensive (fighting season) while Afghan government forces are readying for a counter offensive.

PML-N, PPP at loggerheadsExpress Tribune | 27th March 2017With the existing tensions between the ruling Pakistan Muslim League-Nawaz and the Pakistan Peoples Party, a recent move of the Azad Jammu and Kashmir might just add fuel to the fire to further flare up the situation. Lately, the AJK government has sped up its anti-corruption drive which focuses primarily on the corruption in government funds in the past few years. This mainly implicates the top leadership of PPP AJK chapter that has been long accused of rampant corruption when the political party was in power (July 2011- July 2016).

Can Pakistan’s infrastructure spending spree help win the economic marathon?Express Tribune | 27th March 2017Pakistan is aggressively pursuing infrastructure megaprojects at the moment – as are other countries which include the United States, China and Canada. And why not? It sounds like a perfect strategy as governments take advantage of low-interest rates to finance lucrative megaprojects. During the 2008 global financial crisis, megaprojects stayed recession-proof; and have been since seen as a convenient policy lever to stimulate growth and fabricate aggregate demand.

Punjab receiving lion’s share of new gas schemesDawn| 27th March 2017The government has approved 97 natural gas expansion schemes worth more than Rs37 billion on the recommendations of members of parliament, most of whom belong to the ruling party’s political base — Punjab. The 97 schemes were all approved after the Prime Minister recently relaxed a moratorium on the expansion of gas supply schemes in Punjab. Twenty schemes were either meant for Khyber Pakhtunkhwa, Balochistan and Sindh — where expansion schemes can be undertaken due to their higher shares in gas production — or were announced directly by the prime minister during his public meetings in certain constituencies.

Sri Lanka and India to conduct joint oceanographic surveyColombo Gazette| 26th MarchThe Indian Navy and Sri Lanka Navy will be conducting a joint oceanographic survey off the Southern Coast of Sri Lanka from 30 March to 11 May 2017, the Indian High Commission in Colombo said today. The aim of the joint survey is to update all the navigational charts covering the southern Sri Lankan waters with the latest hydrographic data and to further cooperation between the two countries in the field of hydrography. The survey will be useful in enhancing the level of navigational safety of all ships visiting Sri Lanka.

RS Sharma is Extreme dear agent of Mukesh Ambani. All the FREE SCHEMES of RJio are Charged to Mother Company and shareholders of mother company are IMPACTED. This is TRAI & SEBI Scam.

How Can a Subsidiary of RIL – RJio operate on MEGA Scale? It is MEGA Tax EVASION & Banking Scam funded indirectly by RIL.

The Mobile Phone SIM Verification idea of TRAI is World’s Most Lunatic from Technical angle.

Every second an active SIM is connected to one or more Mobile Towers and phone company knows its location and ‘Movement’. Phone company also knows the ID No. of Mobile Phone. Mobile Company also knows the Number of Calls & SMSes with date and time.

Sometimes even before Mobile Phone of user crosses State Boundary there is ‘Welcome Message from other Telecom Zone.’ Not just that Mobile Phone company also records Change of SIM use in a Mobile Phone or Change of Mobile Phone.

Mobile Phone is therefore World’s Most Secured Device.

PM and Finance Minister have advocated CASH PAYMENTS based on Mobile Phone APPs, this makes Phones even more Secure.

SMS messages of CREDIT CARD Transactions too are received on Mobile Phones.

A person withdrawing Money From ATM gets message of Intimation on his Mobile Phone. He is alerted also when SOME THEIF who has stolen Credit Card withdraws money.

RS Sharma order is Fully irrational because ADHAAR Card itself is ‘Verified by VOTER ID Card and Mobile Phone itself’.

For registration of AADHAR CARD, Applicant has to submit Voter ID Card, PAN Card and give mobile Phone Number. The information that AADHAAR CARD is ready is SMSed to Applicant on Mobile.

Voter ID Cards are UPDATED 4 Times in 5 Years for National, State, Municipal & Panchayat Elections. Verification of MOBILE PEOPLE ADDRESS be better Updated by Voter ID Card than Aadhaar Card.

As part of our Urban Workshop Series, the Centre for Policy Research (CPR) and Centre de Sciences Humaines (CSH), Delhi, are delighted to invite you to a workshop on The Metropolis and the Diaspora: Bangalore Property Market through the Transnational Lens by Aurélie Varrel, CNRS (French National Centre for Scientific Research), currently secunded to French Institute of Pondicherry.

An analysis of the investment circuits fueling the growth of the real estate corporate sector in India cannot ignore the role of the diaspora, as India has been the first receiver of remittances in the world for almost one decade. Purchasing land and a house “back home” are common goals for migrants, and the well-off segment has not been immune to the property fever that has caught India. The diaspora also comes to the fore when one examines the development of this sector from the demand side. There is ample empirical evidence of the major role given to the diaspora / Non Resident Indians’ customers by the corporate sector of real estate, especially in the residential segment for a long time (Nijman, 1999; King, 2004). Yet urban studies and diaspora/transnational studies are domains of research that have largely ignored each other in the Indian context, but for some historical insights (Blunt & Bonnerjee, 2013).

This presentation will examine to what extent the desire to attract this specific source of transnational capital has (re)shaped partially the Indian real estate corporate sector, with a perspective from the South Indian metros, especially Bangalore. Developers have had to develop original, country-specific strategies to tap this source of capital, which has structured a distinct transnational market. This has turned migrants into city-makers in return to a certain extent. Nevertheless, the dependency on a reserve of customers located abroad also exposes this ethnic niche to the indirect effects of multiple changing local / national / international contexts and regulations, which makes it a fickle segment of the otherwise already highly volatile real estate market. This presentation is based on material collected in Bangalore and in the UAE since 2014. It has been partly funded by the French National Agency for Reserach (ANR) as part of the research programme Finurbasie (Financing Urbanization in Asia).

Aurélie Varrel is a CNRS researcher in Geography. She has been with the Centre d’Etudes de l’Inde et de l’Asie du Sud at Ecole des Hautes Etudes en Sciences Sociales (EHESS) in Paris since 2010. She is currently secunded to the French Institute of Pondicherry, in the Department of Social Sciences. She holds a PhD degree (Geography) from the University of Poitiers, France. In her research she brings together migration studies and urban studies, with the aim of articulating a socio-spatial understanding of the contemporary transformations of South Indian metropolitan cities, especially Bangalore and Chennai. At the French Institute she is working on various topics, with a special interest for the urban fabric in Tamil Nadu.

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